BEIJING/SEOUL (Reuters) - Asia's manufacturing sector ended 2013 on a strong note, with expansion hitting multi-year highs in export-driven Japan and Taiwan, but signs of moderation in China raises concerns about the outlook for the new year. Both official and private measures of manufacturing activity in China fell in December, reinforcing views the world's second-largest economy lost some steam in the final quarter of 2013. The HSBC/Markit Purchasing Managers' Index (PMI) for China slipped to a three-month low of 50.5 in December, consistent with a dip in the government's PMI to a four-month low of 51.0. That could temper some of the optimism about export-dependent countries such as Japan, where the last week the Markit/JMMA Manufacturing PMI rose to a 7-1/2 year high in December.
via Business News - Yahoo Finance http://finance.yahoo.com/news/asias-manufacturers-buoyant-end-2013-055259611.html
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